acquisition

Oracle snatches up NetSuite in huge $9.3 billion deal

Oracle snatches up NetSuite in huge $9.3 billion deal

Oracle is looking to tackle the cloud market in a big way, announcing today that it will acquire NetSuite for a staggering $9.3 billion. That's enough money to firmly position this deal as one of the largest in Oracle's history, which is no stranger to multi-billion dollar buyouts. NetSuite has the distinction of being the first company to offer cloud-based computing, launching way back in 1998.

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VIZIO acquired by LeEco for $2 billion

VIZIO acquired by LeEco for $2 billion

VIZIO is being acquired by LeEco, the companies have announced, a deal that costs $2 billion and will involve VIZIO, for the most part, operating as a LeEco subsidiary. Both VIZIO's hardware and software businesses are being acquired; while they’ll operate as a subsidiary, the company’s data business will be spun out into a separate private company, says LeEco. Both companies are benefiting from the acquisition, with VIZIO giving LeEco its massive user base in North America and LeEco, for its part, being poised to expand VIZIO across the globe.

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Verizon confirms Yahoo acquisition to the tune of $4.8 billion

Verizon confirms Yahoo acquisition to the tune of $4.8 billion

What was once a rumor is now confirmed, with Verizon announcing today that it will acquire Yahoo's core internet business for $4.83 billion. We heard the two companies were closing in on deal last week, as Verizon was said to be in one-to-one talks with the internet company. Not only does this acquisition put Verizon in a position where it can compete with Google and Facebook on the mobile advertising side of things, but after last year's purchase of AOL, it also makes Verizon quite the presence in the online media world.

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Verizon closing in on $5 billion Yahoo purchase

Verizon closing in on $5 billion Yahoo purchase

Verizon may soon be vastly increasing its content and advertising business, as it's said to be in one-on-one talks to purchase Yahoo. Sources close to the deal say that Verizon could pay around $5 billion to purchase Yahoo's core business, which would essentially disqualify other interested buyers. Indeed, what was once a number of bidders now seems to have been whittled down to just Verizon, which is now apparently trying to hammer out a deal.

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Opera’s Chinese buyout falls through, cheaper deal in place

Opera’s Chinese buyout falls through, cheaper deal in place

Instead of getting $1.2 billion, Opera will have to settle for just half of that. That is the new deal that the once extremely popular mobile web browser maker and a consortium of Chinese Internet firms have reached after the original, more lucrative offer didn't get approved in time. The new deal also involves only selling parts of Opera's overall business, but it will naturally be the most significant parts, and the very parts that could cause some concern from privacy advocates and some governments.

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SoftBank acquiring ARM Holdings for $31.4-billion

SoftBank acquiring ARM Holdings for $31.4-billion

This week the folks at SoftBank have announced plans to acquire ARM Holdings for a cool $31.4-billion USD. An agreement between the companies has been reached which suggests that an all cash acquisition will be made. This acquisition will have SoftBank acquiring ARM, making ARM a "wholly-owned subsidiary of SoftBank." According to the release on this acquisition, "The consideration values the entire existing issued and to be issued share capital of ARM at approximately £24.3 billion."

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Clash of Clans now owned by Tencent with Supercell acquisition

Clash of Clans now owned by Tencent with Supercell acquisition

In one fell swoop, Chinese Internet giant Tencent suddenly owns 13% of the world's games market. That's thanks to its $10.2 billion acquisition of 84% stakes in Supercell, the Finnish company best known for its highly addictive and lucrative mobile game "Clash of Clans". With Supercell in its armory, Tencent is poised to spread its domination of the mobile gaming business from China to the rest of the world, pitting itself against major publishers and the likes of Candy Crush maker King, which is now owned by Activision Blizzard.

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Tesla makes SolarCity bid to build clean energy empire

Tesla makes SolarCity bid to build clean energy empire

Tesla wants to put electric cars, batteries, and solar power under one brand roof with an acquisition of the company called SolarCity. Tesla Motors wants to make start-to-finish green energy use a reality. In their vehicles - electric vehicles that is - and in the sun that generates power for batteries, all owned by a single user, all purchased from a single company. At the moment, Tesla does not have every piece of technology they need to make this a reality - but they hope to soon.

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Microsoft acquires Wand Labs for its natural language tech

Microsoft acquires Wand Labs for its natural language tech

Microsoft has announced the acquisition of messaging app developer Wand Labs, something it says will help the company bring about the vision of “Conversation as a Platform.” Namely, Microsoft is eyeing Wand's talent and technology, pointing specifically toward what it calls “conversational intelligence” — that is, natural language processing that allows machines to understand human language as it is naturally spoken.

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Fitbit’s Coin acquisition paves way for fitness band mobile payments

Fitbit’s Coin acquisition paves way for fitness band mobile payments

Coin, a four-year-old company that has developed technology for making mobile payments, was acquired by Fitbit this week. The acquisition will give Fitbit access to Coin’s intellectual property pertaining to its wearables payment platform, and will also bring some of Coin’s ‘key personnel’ to Fitbit. The deal spells the end to Coin’s payment products, but opens the door to mobile payments for Fitbit’s own customer base.

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Nokia acquires Withings to make more devices

Nokia acquires Withings to make more devices

It would seem more and more each time Nokia reveals another acquisition that they got the better end of the deal when they sold their phones division to Microsoft. Today they've announced that they've made a deal with Withings to acquire their digital health products and apps business in its entirety. This means that Nokia's back in business - in one of the most (surprisingly) long lasting sectors of the smart device universe over the past decade - health technology. Devices. Apps. Withings is about to be part of Nokia.

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Logitech buys Jaybird as part of its ‘audio wearables’ expansion

Logitech buys Jaybird as part of its ‘audio wearables’ expansion

Logitech has entered into an agreement to acquire Jaybird, an audio company that sells earbuds and more for athletes and sporty folks. Logitech will buy the company for $50 million in cash, as well as up to another possible $45 million depending on whether they hit some growth targets over the next couple of years. With this acquisition, Logitech will be furthering its expansion beyond PC speakers to include, in this case, audio wearable technology.

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